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SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, has released its consolidated financial results as of and for full year period ended December 31, 2024, and provided recent operational and business updates.
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SatixFy Communications shares surged after MDA Space unveiled a $193 million all-cash acquisition. The deal, offering $2.10 per share, enhances MDA's satellite communications technology with SatixFy's patented innovations.
SatixFy Communications Ltd. (“SatixFy” or the “Company”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-designed chipsets, today announced the receipt of a purchase order from MDA Space Ltd. (TSE:MDA) (“MDA Space”) of approximately $6.7 million for engineering models and space-grade chips, alongside signing an amended Authorization to Proceed (“ATP”) agreement for an additional $3.5 million for engineering work and an amendment to the existing master purchase agreement between SatixFy and MDA Space.
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SatixFy Communications Ltd. (“SatixFy” or the “Company”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-designed chipsets, today announced that it has secured funding of £1.8 million (approximately $2.3 million) from the UK Space Agency under its C-LEO program, for the development of an advanced software suite for digital satellite payloads.
SatixFy Communications Ltd. (“SatixFy”, or the “Company”) (NYSE AMERICAN: SATX), a leader in next-generation satellite communication systems powered by in-house developed chipsets, today announced its participation in Satellite Show 2025, taking place at the Walter E. Washington Convention Center in Washington, D.C., from March 11 to 13, 2025.
SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE AMERICAN: SATX), today announced that it has regained compliance with the continued listing standards of the NYSE American LLC (“NYSE American”).
SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, has released its consolidated financial results as of and for the nine month period ended September 30, 2024 and provided recent operational and business updates.
SatixFy Communications Ltd. (“SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, today announced that it has signed new agreements in aggregate valued at $5 million, alongside an immediate prepayment of a previously announced $5 million associated with an amendment to an existing contract with MDA Space Ltd. (“MDA Space”) (TSX: MDA), a provider of advanced technology and services to the rapidly expanding global space industry. Agreements signed further the significant collaboration between the two companies initiated in October 2023.
